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European markets News

28 May 2024

Stock Markets Decline For 3rd Day In Volatile Trade Ahead Of Poll Results

The NSE Nifty dropped 44.30 points or 0.19 per cent to settle at 22,888.15 despite beginning the day on a positive note.

30 Mar 2016

Tata Steel plans to sell UK biz due to 'deteriorating financial performance'

Nine years after acquiring Corus to become Europe's second largest steel maker, Tata Steel has finally announced plans to sell its UK business as the company battles to control its "deteriorating financial performance".

21 Sep 2015

Asian shares slump on global growth concerns, US selloff

Asian shares and emerging currencies fell on Monday after the US Federal Reserve`s decision to keep interest rates at record lows raised fresh concerns about growth globally, particularly in China.

25 Aug 2015

Oil rallies but still near 6-1/2-year lows

European share markets recovered on Tuesday but Chinese stock markets closed down more than 7 percent, with panic selling intensifying after the Shanghai Composite Index crashed through key support at 3,000 points.

27 May 2015

Xiaomi tests online European market with small accessories

Xiaomi, whose products on Mi.com start at $10, said it does not plan to sell major items including smartphones and tablets in Europe and the United States yet, as "smartphones are a lot more complex to introduce to a new market."

World economies

26 May 2015

Asian shares turn higher as China rallies, dollar up

The dollar surged 0.6 percent against the Japanese currency to 122.36 yen, breaking above the 122 level for the first time since March 10 and reaching an eight-year peak.

Aurobindo Pharma

10 Apr 2015

Aurobindo divests Australian arm to Eris Pharma

Aurobindo Pharma has divested stake in its Australian subsidiary to Eris Pharma for an undisclosed amount to focus on the US, European and emerging markets.

economic powerhouses

29 Jan 2015

Economic powers warn Greece not to renege on reforms

Economic powerhouses Germany and China warned Greece on Thursday against reneging on reforms tied to its massive international bailout, as most European markets fell on fears Athens could default on its debt.

05 Jan 2015

`Grexit` fears hammer European markets

Fears that Greece could end up leaving the eurozone after elections later this month rattled European markets on Monday, with stock prices hammered.

Vodafone forecasts

11 Nov 2014

Vodafone lifts earnings outlook higher as trading improves

Vodafone nudged its forecasts for core earnings higher on Tuesday after reporting a sharp improvement in its main quarterly revenue measurement helped by growing demand for mobile services in its big European markets.

04 Nov 2014

Hero MotoCorp to enter European markets next year

Country's largest two-wheeler maker Hero MotoCorp aims to enter European markets, including Italy, Spain and France, by end of next year, with the launch of its hybrid-scooter 'Leap' in these countries.

European markets

29 Sep 2014

European stocks fall, euro hits new dollar-low

Banks led the losers board in Europe, where London`s benchmark FTSE 100 index was down 0.61 percent at 6,608.78 points in afternoon trade.

European markets

07 Sep 2014

European market hopefuls face harder sell as investors weary of IPO flood

Enthusiasm for initial public offerings (IPOs) has quadrupled the amount raised in Europe in the first nine months of this year compared to last to a total of $55.5 billion.

15 Aug 2014

Global stocks retreat on Ukraine news, bond yields slide

Investors have worried about a deepening stand-off between Ukraine and Russia, though recent signs of easing tensions had lifted equity markets, especially in Europe.

European stocks

08 Jul 2014

Europe's stocks, periphery's bonds dip as banks fined

The ECB has made unprecedented policy moves in recent months to stimulate bank lending and revive the euro zone economy.

09 Jun 2014

Gold edges above $1,250/oz but share rally curbs investor interest

US gold futures for August delivery gained $3.90 an ounce to $1,256.30.

09 Jun 2014

World stocks inch towards all-time high

Asian stocks earlier touched their highest levels in nearly three years while Wall Street notched another record close on Friday.

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